In 1999 New Rochelle, NY tried to seize private property under eminent domain by condemning 15 acres of land where about 200 people lived in order to build an Ikea. Luckily, for the residents that didn't happen because Ikea backed out after negative news coverage.
The same thing happened in Times Square recently in order to seize private property to build a new headquarters for the NY Times. The old building was knocked down and new construction is going on right now. Times Square is not a blighted community anymore.
Link to the 60 Minutes story about eminent domain. It includes the story about the new NY Times HQ.